Category: Intuitive Surgical Inc.
Jurors in Washington state vote 10-2 for Intuitive Surgical in the first of many lawsuits over the company's da Vinci robotic surgical system
Intuitive Surgical (NSDQ:ISRG) won a legal victory in a patient injury lawsuit involving its da Vinci robotic surgical assist device.
An attorney for a plaintiff suing robot-assisted surgical systems maker Intuitive Surgical says the company valued control over quality in training surgeons, resulting in the death of a patient.
A list of some of the tax tabs for medical device companies for the medical device excise tax during Q1
In January 2013, Medical device companies began paying a 2.3% excise tax on U.S. Sales in order to pay for the Patient Protection and Affordable Care Act.
The levy is expected to generate some $30 billion over the next 10 years.
MassDevice.com is tracking the tally paid by several medical device companies, based on quarterly earnings report for the first quarter of 2013. We will update the list as more companies returns file in.
Tallies based on companies with Q1 earnings ended on March 31, 2013
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Shares of Intuitive Surgical come under pressure after the robotic surgery company warns of the risk of invisible fractures on scissors used with its flagship da Vinci surgical robot.
Intuitive Surgical (NSDQ:ISRG) warned hospitals of the risk of "micro-cracks" in some of the curved scissors used with its da Vinci surgical robot that could cause internal burns.
Medical device maker Intuitive Surgical's expert witness says the patient death underlying a liability lawsuit was due to heart failure and poor lifestyle choices, not the da Vinci robot-assisted surgical system.
Robot-assisted surgical devices maker Intuitive Surgical (NSDQ:ISRG) defended its da Vinci technology during a liability lawsuit this week, questioning an expert witness who testified that the device wasn't at fault for death of patient Fred Taylor.
Changing expectations affect investors despite unchanged fundamentals: Weaker underlying volumes.
By Stephen Simpson